News

Archibald MacDonald Bell, who for 38 years directed Noranda’s exploration program, died recently in Mississauga, Ont. He was 85. Born in Grafton, Australia, of Canadian parents, Bell attended the Uni…

The list of individuals inducted into the Canadian Mining Hall of Fame gives some idea of the diversity of people who built our mining industry into a world leader. But their accomplishments are not e…

Copious regulations, increasing in number and complexity. New issues, without precedent. Vociferous public interest groups. Changing expectations on all fronts, some of them unreasonable. At the same …

A major international mining company will probably be involved in the development of the Windy Craggy deposit said Gerald Harper, president of Geddes Resources (TSE). As $500 million is required to p…

Trading picked up somewhat during the period ended July 2 with investors awaiting results from recently started drilling programs. The composite index gained more than 18 points to close at 570.35, wh…

Mine closings are a sad but inevitable part of the mining business. Orebodies are finite, measurable entities that eventually are depleted. It is the task of the operator to extract that ore in a logi…

Exploration funding for the Norite property owned by Consolidated Pine Channel Gold (VSE) has been arranged through a unit of Noranda (TSE). Pine Channel signed a letter of intent giving Noranda the r…

Cameco’s public offering at $12.50 per share has met with widespread enthusiasm, said Jim Davey, a spokesman for RBC Dominion Securities, the lead underwriter. “It is well oversubscribed, both intern…

Ground exploratory work is under way at the Red Lake gold property at the north end of Confederation Lake in northwestern Ontario, Starmin Mining (TSE) reported. The president of Starmin (formerly Si…

Lawrence Barr, William McConnachie and Allan Ferguson appointed directors.

Douglas Allen elected president.

Bing Jung appointed president and Bill Frisen appointed director.